Polarx Ltd · ASX:PXX
Polarx — Investor Presentation (June 2022)
22 slides from Polarx's investor presentation, June 2022
Slide 1: Copper & Gold - USA
Copper & Gold - USA Advanced High-grade Discoveries in Alaska and Nevada June 2022 ASX: PXX www.polarx.com.au 1
Slide 2: Project Overview
Project Overview Alaska Range: Stellar Property (100% PXX) 3.4Mt @ 1.2% Cu + 2g/t Au + 14g/t Ag JORC at Zackly Project, open in all directions. Alaska Range GREENLAND New 2.6km long target confirmed in 2020 drilling. Highly prospective for bulk tonnage porphyry copper-gold deposits with maiden
Slide 3: Strong News Flow in 2022
Strong News Flow in 2022 Activity Q1 2022 Q2 2022 Q3 2022 Q4 2022 Metallurgical test work Alaska Range Drilling & Assays Caribou Dome and Zackly joint scoping study Discussions with potential porphyry copper JV partners Soil sampling, mapping, and vein sampling Humboldt Range Assays for Fourth of Ju
Slide 4: Strong management backed by strong investors
Strong management backed by strong investors KEY EXECUTIVES AND MANAGEMENT: May 2022 : Mr. Mark Bojanjac (Executive Chairman) is a Chartered Accountant with >25 MKT CAP: A$16M years experience in the resource sector. Has led many successful mining CASH: ~A$2.5M developments, including the discovery
Slide 5: Nevada - Humboldt Range: high-grade Gold/Silver
Nevada - Humboldt Range: high-grade Gold/Silver Project Highlights USA’s Best mining jurisdiction Close to active multi million-ounce gold and silver mines 2 claim blocks: Black Canyon and Fourth of July Very high grades of Au and Ag in outcrop and historic workings (pre-1927) Low-cost Min
Slide 6: Humboldt Range: Black Canyon Claims
Humboldt Range: Black Canyon Claims Claims owned by same family since 1950 Indian Ike mine Monster claims 3,384.14g/t Au 43.8 g/t Au Limited exploration since mining ceased in 1927 High-grade assays from previous rock-chip sampling of PolarX Claims JC Vein outcropping veins and grab sampling f
Slide 7: Black Canyon - Scale and Proximity to a 5Moz operating gold mine
Black Canyon - Scale and Proximity to a 5Moz operating gold mine 5M oz Florida Canyon Gold Mine 7
Slide 8: Channel Samples = surface mine grades
Channel Samples = surface mine grades 8
Slide 9: Humboldt Range: Fourth of July Claims
Humboldt Range: Fourth of July Claims Metal zonation from silver-rich veins with strong gold credits at southern part of Fourth of July (closest to the Rochester silver mine) to gold-rich veins in Black Canyon (close to Florida Canyon gold mine) Individual veins up to 700m long (e.g. Jackson Vei
Slide 10: Fourth of July Claims – very strong Silver/Gold anomalism
Fourth of July Claims – very strong Silver/Gold anomalism Silver Gold 10
Slide 11: Fourth of July +3km long Silver/Gold Target
Fourth of July +3km long Silver/Gold Target 11
Slide 12: Alaska: USA’s Mineral Frontier
Alaska: USA’s Mineral Frontier TIER 1 Geology: One of the world’s great mineral provinces: Over 40Moz Au mined to date More than 200Moz Au under development/feasibility study In the world’s most productive copper belt, >50Mt Cu in feasibility/permitting stage World’s highest grade giant zi
Slide 13: Alaska Range Projects – Overview
Alaska Range Projects – Overview Large land-holding (all State Mining Claims) covering ~261km2 Stellar Property 100% owned and includes Zackly Au-Cu skarn and numerous porphyry Cu-Au targets Zackly deposit is high grade (3.4Mt @ 1.2% Cu JORC) and open at depth and along several km’s of strike
Slide 14: Massive copper sulphides at Caribou Dome
Massive copper sulphides at Caribou Dome 14
Slide 15: Caribou Dome: Very high-grade surface copper
Caribou Dome: Very high-grade surface copper 2.8Mt at 3.1% copper (0.5% lower-cut) for 86,000t of contained Copper (JORC 2012) 60% in the top 150m including 935,000t @ 4.4% Drill intersections over >800m strike-length Open in all directions Many un-tested 3D-IP and soil anomalies within 1k
Slide 16: High-grade Copper/Gold Zackly deposit
High-grade Copper/Gold Zackly deposit Zackly is a 5km long skarn system with high-grade gold, copper and silver from surface and open to at least ~400m depth Zackly Main Skarn hosts 3.4Mt averaging 2.0g/t Au + 1.2% Cu + 14.0g/t Ag JORC inferred resources over the western end. Subvertical Cu-Au
Slide 17: Stellar: Zackly has 5km of potential mineralized strike
Stellar: Zackly has 5km of potential mineralized strike Zackly Main deposit is 1km long and occurs along a structure with a strong magnetic gradient Mineralisation now confirmed over >800m at Zackly East, taking total mineralised strike-length to 2.5km (Zackly Main + Zackly East) 2.5km of unte
Slide 18: Porphyry Copper/Gold Potential
Porphyry Copper/Gold Potential Broad spaced (500m) soil sampling shows two highly significant copper anomalies, both >250ppm, up to 11km x 6km in size MARS (Porphyry, skarn) 2km x 1.5km soil anomaly with visible copper oxides at surface, up to 3,510ppm Cu and 1.1g/t Au in soils Rock-chip sampl
Slide 19: Stellar Property: Mars porphyry Cu-Au discovery
Stellar Property: Mars porphyry Cu-Au discovery Porphyry Cu-Au discovered in first (and only) drill hole 19MAR001: 102m @ 0.22% Cu + 0.1g/t Au below a 1200m x 800m Cu-Au-As-Mo soil anomaly Associated with porphyry B-Veins in potassic alteration (anhydrite and biotite), hole ended in mineralisati
Slide 20: Cautionary Statements
Cautionary Statements This presentation has been prepared by PolarX Limited (“PolarX”) to assist in informing interested parties about the Company and its progress. It should not be considered as an offer or invitation to subscribe for or purchase any securities in PolarX or as an inducement to make
Slide 21: Highlights
Highlights Tier 1 copper, gold and silver assets Alaska and Nevada = within world’s top 5 mining exploration and investment precincts Top 40 shareholders own 60% of PolarX - including management Scoping study to assess combining Zackly and Caribou Dome Imminent assays from Nevada World-c
Slide 22: Link to Website & Presentations
Link to Website & Presentations